Wire · founder news, decoded · regulatory
CLARITY Act Text Delay Pushes 2026 Approval Odds Down to 31%
The CLARITY Act's revised text has been delayed past a White House meeting, pushing Senate passage odds to 31% before an August 10 recess. Democrats remain opposed to the current ethics language and Republicans lack the 60 votes needed for passage without bipartisan support.
The Wire takeaway
If you're building crypto infrastructure or custody in the US, the regulatory floor is narrowing: Senate odds are down to 31%, and Democrats are blocking passage until ethics language tightens — meaning any compliance strategy you built assumes a weaker final rule, and you'll need to re-architect fast once this settles.
Read the full story at thecoinrepublic.com →
Topics: Fintech · crypto-regulation · us-senate · legislative-timeline · ethics-dispute · market-structure